The numbers for September 29, 2014
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The numbers for September 29, 2014
Police fired 87 canisters of tear gas at the Occupy Central protesters in Hong Kong Sunday, injuring at least 40, but the pro-democracy activists stayed put on Monday. Riot police have reportedly backed off from the crowd, but are still urging protesters to disperse. The crowd is protesting a move from Beijing they say will put restrictions on the election for city executive in 2017.
As we keep an eye on the situation in Hong Kong, here are some of the other stories we’re reading Monday.
The value of the Federal Reserve’s loan to AIG, amid the 2008 financial crisis. Starting Monday, a federal judge will weigh whether the bailout, which gave the government a nearly 80 percent stake in the company, was legal. The six-week trial will call on former Federal Reserve chairman Ben Bernanke and former Treasury secretaries Timothy Geithner and Henry “Hank” Paulson, Reuters reported.
The estimated cost of U.S.-led airstrikes against the extremist group ISIS in Syria, according to a report from Center of Strategic and Budgetary Assessments. The report also gives projected costs of the conflict, depending on the continued airstrikes and the number of ground forces potentially deployed. Some estimates were as high as $22 billion per year.
Facebook’s massive user base’s data will be used in a new advertising platform called Atlas, launching Monday. The service, bought from Microsoft last year, will use Facebook data for targeted ads across the web and in mobile apps, The New York Times reported. Like all things Facebook, it comes with a bevy of privacy concerns.
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